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HomeMy WebLinkAbout2139 ' ~ ~ ~ j~ IVV 2VVV THlS INDENTURE, IM~d~ the 27~.~1 day of ~1P A.D. 19~ batween _ John R. Stanley and Geraldine Stanlev. his xife of _ S'~. L11G~A ~q~~ty p~a;da, hereinaf~ar desgnated a}• thq "MO~TGAGOR.° and fIRST FEDERA~ $AVINGS AND LOAN ASSp~lAT10N OF FORT PIERCE, i co,porat~on or9ani:ed and exisring u~de~ tM laws M Ihe United Stafas of Americ~ ~nd Mving ib p~incipal place of business i~ ths City of fw~ Pierce, 5~. luci~ County, Flwtd~, her~inaftK desigr?sted a~ tla "MpRiGAGEE." WHfREAS tM MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of ~2~~~ good and lawful money of the Un~ted Srates advanced by the h10RiGAGEE unto the MORiGAGOR, as evidenced by a certain promiuay note of even date herewith, of wh~ch ths followiny in words and figurct ii a tr~s copy, to-wit: ; ; = 31,200.00 ~h-18~.6t0 Fort Pierce. Florid~, shLZ,r. 2? 19~_ Fw value received, I, we or eithe~ of us, prom~se to pay, without defalcation, to the orde~ of FiRST FEDERAI SAVINGS AND IOAN ASSOCIAiION OF \ FORT PIERCE at Fort Pierce, Ftwida, the sum of _~,v;th inre~est (rom date at the rate Of La.L,~96 per annum, in monthly install- ~ ments as follows: S 236.~ on ~he ~ 9t day of ~~~1a~8I' 19~ and a like sum on tF?e corrospond~ng day of each month there- \ after until the whole be fully paid. ` EacF~ initallment firot shalt be applied in payment of rhe interest and then on the unpa~d balance of the prindpal sum. If d ault is made in the ~ pay~nent of any i~stallment when due, and wch default continues 30 days, lhen at the option of the holder, a~d without any other ratice, all the remainirg ~nstallmenfs shall be due and payab:e at once. Privileqe is given to prepay this rate in whote or i~ pa~t at any time withouf penalty. Neither forebearance, Q^ i no~ acceptance by the holder thereof afte~ any defautt in sny payments hereon, snaN be deemed exrension, A late payment charge o! i_L1a~, shall be i ~~i added to each ins~altment remain~ng vnpaid 7 days after its due date, and a tike sum shall be addrd to each iuch installment remaining unpaid 7 dsys after - each succerding payment date. ~ Each maker, surety and endorser hereof, jo:ntly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and funher agreea to any extens;on of Gme of payment, eithe: before or after maturity, witha:t not~ce to any of us; and to pay all msts of collectioo, includ;ng a ~ reasonable attwney's fee in the avent of any detault hereunder, and hereby severally waive: all benefit of homestead a~d exemption under the constitution ~ and iaws of each State of the United States, as against this obligation ot any extmsion or renewal he?eof. ~ Wifness the hand and sea! of each party. s/ John R. Stanley ~,,i~ cs~?u ~ s/ Geraldine Stanle~ tse~u) r~ ,~1'L (S~AU i-~Lw.B~ 1 State Reven~e - `T~ (iy~M.M~w1iMl.ow.~wiS+wa1~). ~ NOW, THEREFORE, the MORTGAGOR fo~ the purpox of iecurirg payment of said sum of S ~~~2~~~ snd tM perforrt:ance of the ~ ~ covenanb and agreements hereina(ter expressed, and fw dvers good and valuabfe consideratiom, by these p~esents, does granf, bargain, sell, ~em~se, rekase, convey and confirm unto the MORTGAGEE, its succeuws and auigns, afl that certsin bt, piece or p~rcel of t+nd, situate, lying, and being in ths ~ Co~nry of - St. T.11C:L9 ~ and State of fbrida, dewi6ed ~s follows: ~ ~ Lot 6, BRIARGATE SUBDMSI~ON, as per plat thereof t in Plat Book 14, Page 19, of the Pub].ic Recards of i St. Iucie Countq, Florida ~ E + ~ Qp~e,c~~ ~ y~ ~ • ' O ~ ~F~. /~~Q~ pG~S pE E~ U 1-t 1 L' A ~:ti ~G~ Qo~t~ ~v~``` i w~ 5( C i~`~ t ~ Ti • U` P_i I X c~`` ~ ' C~ ~L ~34-`' S~' ~ z L'~.Cli E =~y ~ _ Q'_ "?uN1~~ ~j l~u~~~ ~ ~ = au~-r~2 T~`` - t.~' a = ~;~~~~4 6 g 0= ~ V -~4 = ~ N p: i1. ~f i[. . P$.i9o~~2 f rogether w~th all and singu(ar the tenements, hereditaments +nd appurt~nces therevnto belongirg w in tnywise apperfaininp thereto, snd ~I~ renb, iuues, p~oceeds and ~ofits acu~ing and to accrue from said premises, aN of wtiich are included in the above and foreyairg dexription and hsbendum. TO HAVE AND TO HOLD the sbove deuribed snd g~anted p~cmises unto the said MORTGAGEE, its successon +nd auiy~u forevtr. And th~ taid MORTGAGOR for heirs, executon, administratws and assgns, hereby tovenanb with the said MORTGAGEE, ib suctesson and ~ssiyro, that --~C~- lawfully seized of the said premis~ io fee simple; tfiat the aame ~re free, ckar ~od discharged from alt liens u~d ~ncvm- b~antes in Isw ot in equity, and ihst~_ will and their heits shatl wsrrant and defend the title fo tha samt to the safd MORTGAGEf, its ~~ccessors s~d assigns, fwever sgainst the Iswf~l claims and demands of sll pe?sorq; PROYIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefore described ~nd sMll truly, promptly and fully pcrform, d~xharge, !7[KUtl, compkte, comply w;~h snd abide by each and every the stip~lations, agreemenn, conditions snd cwenants of said promissory rate and of this Mongage, then this Mwtgage and ~he Estate hereby ve~ted shall cess~ ~nd be null and void_ IT !5 UNDERSTOOD t}nt ihe wwd "Mortgagor" whether in the singular or plwal ~nywhere in fhis Mwtgs9e, shsll bt sirgulu if one only and shall be plural jointly and seve~ally if more than one, and that tht wwd "their" ss uscd snywhere in this Mwt9ag~ shall be tsken fo mesn "hii;' "hen;' or "its," wlxrever tFM co~text u~ implies w sdmits. Also, rhat wl+erever there i~ a ~eference en the covenants and ~greernents Ix?ein co~tained to any of rhe pa.tiea hereto, the same thalt be construed to mesn as well as the heas, leg+l r~esent~iivet, successon and auigns (eitF~er volunary by act of the pa?ties a iovoluntsry by operafion oi tFx law) of tF~e same and that the covenants herein confained shatl bind ~nd the benefirs and sdvantsgq inwt ro the ~espective FKin, kgal represenlatives, successws and au~gns of the p~nies hereto. And said Mortgsgon, fa themselres and their heirs, legal representativa, successors and auiyro, hereby joiMly and sever~lly covenant and pree to and with tfie said N10RTGAGEE, its successws and essigns: 1. To pay all ~nd tingular the printipal and interest snd t(x vsrio~s snd tundry sums of mo~ey pay~ble by vi~tue of said promiuwy note, and this mwt9aQe, ead? and every, promPtlY on the days rapectively tF?e same sev~rally becane due. 2. To pay ~II and sing~lar the uxes. ~ssesunenn, levies. Gsbifities, obligations snd encumbrantn of every nature ~r+d kind now on said described prciperty, a that hcreafter msy be ;mpwed, suffered, pl~ted, levied, a ~uessed thereon, w that hero~fter m~y be kv~ad w asseued ~pon this Mwtq- age, or the indebtedneu secured hereby, exh arod eve~y, when dve and pay~ble, accwdirg to law, befwe they become delinquent, and befas u+y imereit ' ar~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTLY SA11Sf1ED AND D15CHARGED OF RECORD ANO THE ORIGINAI OFFICIAL [10CUMENT (SUCH AS, FOR INSiAIVCE, THE TAX RfCE1PT OR THE SATISFACTION PADER OFFICIALIY ENOORSED OR CERTIFIED) SHALL 6E PLACED ~N THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; ~nd in Ihe event that sny thereof is na paid, saYffied and dixhsrged sa:d MORiGAGEE may at any time p+y the same a any psrt thereof without waiviny w affecting any option, (ien, eqvity w •~qht under or by vi~tue of this morrgage and fhe fu11 amo~nt of each and every tuch payment shall be immedutely due snd payable and shall besr interelt ~•om the date the.eof un+il pa7d at rate of n~ne pcr centum per annum s a~e~w~h s~ip{Rrts~ll be secured b~ the lien of th:s morytage. ~~.r ~ ~1 ~ . : ; - ~r^ ,4 "X~v"" ~ F % . I - ~'y cw s,+~" y~ys,~.~t~ ~y t- ~ ~x. . .F:=' ~.~:u .